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The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional …
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We explore how changes in ownership and managerial control affect the productivity and profitability of producers … gains in capacity utilization that raised both their productivity and profitability levels, consistent with acquiring owner … century, we find a more nuanced picture than the straightforward "higher productivity buys lower productivity" story commonly …
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to decreasing profitability of winter wheat farming by 2.4 percentage points, and spring barley by 8.6 percentage points … given a stronger growth rate of costs over income. For rye and winter rape farming, it is expected that profitability will … improve by 6.2 and 4.8 percentage points, respectively. Whereas, the profitability of sugar beet farming will most likely …
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on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools … of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost … for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual …
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